Export

Between Jan & Nov Cambodian Garment Exports Down 14.8%

Textile Insights December 28, 2023

In the first eleven months of the current year, Cambodian apparel exports dropped 14.8 percent to US $7.2 billion from $8.48 billion in the same period of 2022. According to a Ministry of Commerce official, clothing overseas shipments declined primarily due to reduced consumer spending and

Export

Vietnam Apparel Exporters Yet To Unlock Full Benefits Of FTA’s

Textile Insights December 27, 2023

Vietnam’s textile and apparel sector has not been able to fully unlock the full potential and benefits of the free trade agreements (FTAs), which it has signed with several countries and regions. In order to address the challenge, the Vietnamese Ministry of Industry and Trade (MoIT) is leveraging connections between ministries, association and industry stakeholders. […]

Export

Chinese Cotton Yarn Imports Up A Massive 90.2% In November

Textile Insights December 26, 2023

Chinese cotton yarn imports in November stood at 153,300 tons, a massive increase of 90.2 percent from a year ago month. Among imports of cotton yarn from various countries in November, those from Vietnam accounted for 45 percent, Pakistan 19 percent and India 13 percent. 71 percent of cotton yarn imports from Vietnam were for […]

Export

TNG Textile Amid Few Vietnamese Firms To Hit 100% Export Target

Textile Insights December 25, 2023

Vietnamese textile and garment manufacturer, TNG Textile announced that it has crossed its revenue target for 2023 ahead of schedule and may be the only Vietnamese textile company to do so. The company which had set targeted revenue of VND 6,800 billion completed the target by mid-December, primarily due to bagging new buyers like Walmart, […]

Export

Rising MMF Fabric Imports Impacting Indian Textile Sector

Textile Insights December 25, 2023

Rising imports of manmade fibre (MMF) fabrics and at the same time higher domestic prices of these fibres has made the Indian textile industry uncompetitive. Various textile hubs of the country in Surat, Erode, Ludhiana, etc are fighting an insurmountable challenge of large scale dumping of MMF fabrics and are said to be operating at […]

Export

Bangladesh Plans To Expand Wool Garment Exports 10 Times

Textile Insights December 22, 2023

The Bangladesh garment export industry aims to expand its woollen garment exports in the next five years and propel them by 10 times from the current US $100 million. This development comes in the background of Australia, the world’s biggest wool producer, is targeting Bangladesh as an alternative to China for its wool processing. “Bangladesh […]

Export

Uzbekistan Textile Exports Slip 3.3% Between Jan & Nov

Textile Insights December 22, 2023

In the first eleven months of 2023, Uzbekistan’s textile exports slipped 3.3 percent year on year to US $2.8 billion, the Uzbekistan statistics agency reported. Exports of yarn accounted for 40.7 percent of all textile exports in the period between January and November and in total the country shipped 626 types of finished textile products […]

Export

India Arrests Downslide In November Garment Exports

Textile Insights December 22, 2023

After a long period of decline due to various global challenges, Indian garment exports increased 11.7 percent, from a year ago month to US $1.2 billion in November 2023. “Exports of garments from India have witnessed a rough patch in the past few months,” Apparel Export Promotion Council (AEPC) Chairman Naren Goenka informed. “This was […]

Export

Pakistani Textile Exports Continue Downward Slide In Nov

Textile Insights December 20, 2023

Pakistani exports of textiles continued their downward slide where they stood at US $1.37 billion in November 2023, down 3.51 percent year on year and also down 5.43 percent month on month. In the first five months of fiscal 2023-24 ending November 2023, textile exports from Pakistan amounted to $6.9 billion, a drop of 10.14 […]

Export

Bangladesh Topples China From Top Spot In EU Knitwear Imports

Textile Insights December 20, 2023

For the first time in knitwear clothing imports, EU’s import from Bangladesh has exceeded the share of any other country during the first nine months of 2023, both in value and volume. Between January and September, EU’s knitwear import from Bangladesh amounted to US $9 billion as against $8.96 billion from China in value. While, […]